There was a flurry of rumors yesterday that helped beat down Apple's stock. First, there was the National Enquirer reporting that Steve Jobs only has 6 months to live. Then there was some Asian hedgefund saying that the iPad 2 was delayed until September. Fortunately, they were wrong about the iPad 2 as Apple announced that it will be unveiled on March 2.

As for Steve Jobs, he just demolished his house to build a new one. So obviously he is planning on sticking around longer than 6 months.

Tuesday, February 22, 2011

I wrote about HPQ previously here. It announced earnings today after the market closed. It's revenue came in under the analyst estimates and is down about 6% after hours. Tomorrow should be a good day to get in on a buy-write at an even better price!